Trading Venues Cost Optimization Senior Associate

JPMorganChase

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profile Job Location:

Brooklyn, NY - USA

profile Monthly Salary: $ 88350 - 128000
Posted on: 2 days ago
Vacancies: 1 Vacancy

Department:

Operations

Job Summary

Description

Job summary:

Are you ready to make a real impact on trading profitability Join a team where your analytical skills and insights drive both cost savings and revenue growth. Youll collaborate with talented colleagues develop specialized expertise and gain a holistic view of trading profit and loss. Experience career mobility and the opportunity to influence business outcomes. Be part of a culture that values your ideas and supports your success.

As a Trading Venue Cost Optimization Senior Associate at JPMorgan Chase you will be a part of a group of specialized individuals within Cost and Commission Services (CCS) group working on the mandate of optimizing our BCE cost. You will work with trading desk across all the asset classes eg. Equities Interest Rates Foreign Exchange Credit Commodities and cover all the countries in North America (NAMR) and Latin America (LATAM) and often partnering with colleagues in other regions. Additionally you will analyze trading data collaborate with stakeholders and help shape the future of cost management. You will be empowered to drive change innovate and make a measurable impact on the business.

Job responsibilities:

  • Understand the landscape of trading venues and their relationship with JPMorgans trading desks
  • Analyze big sets of trading data brokerage data and rate cards across asset classes to reveal cost associated with trades and find avenues to reduce such costs
  • Present findings from data analysis to our global team respective desks and business managers in an objective and precise manner
  • Assist with on-going and upcoming brokerage negotiations with brokers along with drafting of rate cards
  • Provide support with the design and implementation of MIS including management of visualization dashboard (Tableau)
  • Manage stakeholders internally (Trading Desks Business Managers Operations Finance Legal Controls) as well as externally (Brokers/Venues)
  • Provide support to the CCS operations team on the queries related to brokers/brokerage
  • Provide regional updates to the CCS product team on market changes
  • Assist in adhoc projects Client connectivity optimization or others as deemed necessary by business
  • Collate metrics to measure mitigate monitor and report risk

Required qualifications capabilities and skills:

  • At least 6 years of work experience in the Financial Services industry
  • Advanced analytical skills with proficiency in MS Office (Excel Power point)
  • Good understanding of Over The Counter (OTC) traded products and trading venues
  • Excellent communication skills in English (Written and Verbal)
  • Intermediate knowledge of Tableau and Alteryx
  • Good negotiation skills
  • Act with integrity and with best interests of the firm in mind

Preferred qualifications capabilities and skills:

  • Excellent presentation skills will be beneficial
  • Existing relationship with trading venues in Americas
  • Basic knowledge of trading flows products and cost
  • Knowledge of Structured Query Language (SQL) queries will be a plus



Required Experience:

Senior IC

DescriptionJob summary:Are you ready to make a real impact on trading profitability Join a team where your analytical skills and insights drive both cost savings and revenue growth. Youll collaborate with talented colleagues develop specialized expertise and gain a holistic view of trading profit an...
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About Company

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JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans ov ... View more

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